by Sunday | Oct 19 | Economics JAMB
A. Profit B. Interest C. Rent D. Wage Correct Answer: Option C – Rent Explanation As factors of production, the reward for land is rent, capital is interest, labour is wages and salaries and entrepreneur is profit. Rent is the reward for Land as a factor of...
by Sunday | Oct 19 | Economics JAMB
A. Monetary policy B. Tax policy C. Economic policy D. Fiscal policy Correct Answer: Option D – Fiscal policy Explanation Fiscal policy may be defined as the use of income and expenditure instruments or policies to control or regulate the economic activities in...
by Sunday | Oct 19 | Economics JAMB
A. National Poverty Eradication Programme B. National Agency for Poverty and Education Program C. National Air Pollution and Environmental Purification D. None of the above Correct Answer: Option A – National Poverty Eradication Programme Explanation National...
by Sunday | Oct 19 | Economics JAMB
A. Scarce resources B. Decision making C. Opportunity cost D. Choice Correct Answer: Option C – Opportunity cost Explanation Opportunity cost is defined as the expression of cost in terms of alternative forgone. It is the satisfaction of one’s want at the...
by Sunday | Oct 19 | Economics JAMB
A. Deflation B. Inflation C. Devaluation D. Revaluation Correct Answer: Option C – Devaluation Explanation Devaluation is the official reduction of the exchange value of national currency in relation to the currencies of other countries. It is also the fall in...
by Sunday | Oct 19 | Economics JAMB
A. The percentage of interest charged is more B. Loan sought is long term C. Loan repayment is guaranteed D. Loan sought is short-term Correct Answer: Option B – Loan sought is long term Explanation Basically the difference between the capital markets and money...
Land Law and the Consequences of Unauthorized Land Transfers in Nigeria
Original price was: ₦1,000.00.₦300.00Current price is: ₦300.00.